Indonesia’s imports from China surge

Indonesia’s imports from China reached 62.18 billion USD in 2023, accounting for 28.02% of total imports or 221.189 billion USD and down 7.41% compared to 2022, the country’s Statistics Bureau (BPS) has reported.
Indonesia’s imports from China surge ảnh 1A sales representative demonstrates using an Oppo phone at an Oppo store in Jakarta (Photo: jakartaglobe.id)

Jakarta (VNA) – Indonesia’s imports from China reached 62.18 billion USD in 2023, accounting for 28.02% of total imports or 221.189 billion USD and down 7.41% compared to 2022, the country’s Statistics Bureau (BPS) has reported.

According to the BPS, the top imports of Indonesia from China were smartphones (1.95 billion USD), accounting for 3.14% of total goods imports from China, followed by laptops (1.64%), transmission equipment (1.36%), mechanical goods (1.23%), and garlic (1.04%), among others.

Japan was Indonesia’s second largest supplier with a market share of more than 7.4%, worth 16.44 billion USD.

Indonesia main imports from Japan included flat-rolled iron and steel products worth 0.47 billion USD, accounting for 0.75% of total imports from the East Asian country, followed by motor vehicles (0.65%), auxiliary equipment (0.53%), and gearbox (0.47%), among others.

The BPS recorded the value of Indonesia's imports in December 2023 at 19.11 billion USD, down 2.45% from the previous month. In particular, non-oil and gas imports were recorded at 15.74 billion USD, down 2.26% from 16.10 billion USD last month.

Meanwhile, oil and gas imports in December 2023 reached 3.37 billion USD, a fall of 3.33% from November 2023 at 3.49 billion USD.

For oil and gas, the import value of oil products increased by 2.44%, while the import value of crude oil and gas decreased by 15.25% and 11.55%, respectively./.

VNA

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